Browsing: Vuyani Jarana

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Gov’t said to want R4bn from Telkom share sale

South Africa is seeking to raise as much as R4bn from the sale of part of its 39% stake in Telkom to raise funds for the country’s unprofitable state airline and post office, according to two people familiar with the

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It’s official: Jarana quits Vodacom for SAA

After reports emerged in recent days that Vodacom Business chief officer Vuyani Jarana may not yet have signed an employment contract to take over as CEO of South African Airways, the mobile operator has made

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Vodacom loses top executive to SAA

Vuyani Jarana is leaving Vodacom to take the reins at troubled state-owned airline South African Airways. Jarana, who has headed Vodacom enterprise business since 2012, will take the helm at the national carrier

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SAA board wants Vodacom boss for new CEO

South African Airways has identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the struggling state-owned carrier’s first permanent CEO since November 2015, according to three people familiar with

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How much Vodacom bosses are paid

Vodacom CEO Shameel Joosub took home a total of R21,4m in the 2017 financial year, the group revealed in its annual report, published on Thursday. That’s a small decline on the R21,8m he was paid in 2016. Joosub’s 2017 package

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SA operators to launch IoT networks

Vodacom and MTN on Tuesday separately announced plans to deploy narrowband “Internet of things” networks in South Africa in 2017, with both companies planning to showcase the technology at an industry conference in Cape Town next

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Vodacom in R1bn railways fibre deal

A week after securing a deal with national treasury worth up to R5bn, telecommunications group Vodacom has announced it has won a 15-year contract with the Passenger Rail Agency of South Africa worth an estimated

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Vodacom awards CEO R18m in shares

Vodacom has dished out R18m worth of shares to its CEO as part of its forfeitable share plan. In a notice to shareholders on Thursday, the company announced that it had awarded 108 099 Vodacom shares, at a price each

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Vodacom CEO’s pay doubled to R22m

On the back of a solid financial performance in the year ended 31 March 2016, Vodacom Group CEO Shameel Joosub took home R21,8m in pay, R14m of which was made up of a short-term incentive bonus. That’s double the

Duncan McLeod
SA telcos betting big on broadband

The South African economy may be teetering on the brink of a recession, but that isn’t keeping the country’s telecommunications operators from ramping up their capital spending. Telkom, Vodacom, MTN and Cell C, along with a host of smaller players, are all gearing up to make

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